Why construction projects in Riyadh always look profitable until the end
Hi everyone. I’ve been in the construction industry in Riyadh, Saudi Arabia for quite a while, and there’s one pattern I keep seeing again and again. At the beginning, every project looks profitable. Budgets are approved, timelines seem realistic, and everyone is optimistic. But closer to completion, unexpected costs appear, margins shrink, and management starts asking uncomfortable questions.
From my perspective, the issue isn’t just rising prices or subcontractors. It feels like we simply don’t have a clear picture during the project lifecycle. By the time financial data is consolidated, it’s already historical information. I suspect that without a proper ERP for construction, especially one adapted to KSA realities, this cycle will keep repeating. Has anyone here in Riyadh or Saudi Arabia managed to break this pattern?
good move